Govt may exempt PF contributions from tax under new regime

Tuesday, Dec 1, 2020–Govt source: Budget may include plan to make PF tax-exempt in new regime –Working on making new tax regime more attractive –New tax regime got lukewarm response so far  By Adrija Chatterjee and Shubham Batra NEW DELHI – In a bid to make the new direct tax regime more attractive, the finance ministry is considering tax exemptions on contributions made by […]

CONCOR stake sale may be pushed to FY22 on delay in land fee policy

Tuesday, Dec 1, 2020 By Tushar Chakrabarty and Sagar SenNEW DELHI – The strategic divestment of state-owned Container Corp of India Ltd may be pushed to the next financial year starting April because of delay in finalising a policy on fee for using Railways’ land, a senior finance ministry official said. Though the disinvestment department is ready with […]

SEBI Watch: Make forensic audit report on Karvy Stock Broking public

Tuesday, Dec 1, 2020 By Rajesh Gajra The Securities and Exchange Board of India, having confirmed its interim ex-parte order against Karvy Sock Broking on Nov 24, will act against the broking firm and its directors for siphoning securities and funds worth 23 bln rupees of over 100,000 clients. The current order follows submission of a forensic audit […]

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